The rent is the fuel which powers the business. It pays the mortgage and creates profit. But any delays in collecting the rent and pretty soon the wheels could well and truly fall off. So, every landlord needs to do everything they can to ensure the rent cheque lands safely in their bank account like clockwork every month.
Non-payment of rent can cause a lot of stress and financial issues, here are 5 expert tips for resolving rent arrears.
Rent is a common cause of disputes between landlords and tenants. What's the best way to collect the rent? How can you make the whole process easier? And what can you do if the tenant falls into arrears?